Is your project eligible for funding?
As a co-operative, supporting our communities is a key element of our ethos and an essential part of this is our Community Dividend Fund.
The fund allows us to make a difference, by developing and improving the communities which we serve by donating grants of up to £5,000.
It is an ideal way for the Society to use 1% of its trading surplus to give back to the communities it serves by providing vital support to local good causes, charities and organisations.
Before you start filling in your application, there is some essential criteria to check, to ensure your project is eligible for consideration:
- The applicant must be a full member of Central England Co-operative*
- Beneficiaries must be communities in which Central England Co-operative trades
- Applicants must be able to clearly identify the benefit to the community
- Grants must be for a specific item or service, supported by at least two quotes where relevant
- Recipients of a grant must provide a progress update including photographs and details that can be used in PR activity, and be willing to attend at least one Central England Co-operative local members’ evening or event to talk about their grant and the difference it has made
- The average grant is £2,000. In exceptional circumstances up to £5,000 will be considered
- Projects already in receipt of a Community Dividend Fund grant cannot submit a new application for two years
- The project must be consistent with Co-operative Values and Principles**
- Funding grants must be used within 12 months of the initial award
- Applications to pay for or part fund vehicles, fund large scale projects ***, pay for rent, utilities or salaries, or for the benefit of one individual will not be considered
- *Criteria includes being a member for a minimum of six months.
- **Our values can be found at https://www.co-operative.coop/about-us/values
- ***We will consider funding a defined part of a larger project, such as the refurbishment of premises, if the project will be completed within the Society’s financial year and there is distinct clarity on what the Society would be funding
Prioritisation will be given where applicants can demonstrate that they, or the project they are applying for actively participates with the Society (by trading with us or participating in our member activities, our meetings and / or our democratic process)
Before you begin filling in the application form, please be aware we will require the following information:
- Your details
- Organisation details of the project
- The amount of funding you are applying for
- Details of your project with a breakdown of costs and a proposed completion date
- Details of any other organisations you have approached for funding
- Details of a referee who is aware of the project but not directly involved with it. The Society reserves the right to contact this person.
To help you tackle the application form, you can now save the form at any time and return to it at a later date.
If you have any questions about an application please contact us prior to applying and we'll be happy to help.